Global Broker Regulation Inquiry App
WikiFX
schlaepfi 
1-2 years
Is Centrade a safe and legit platform for me to trade with?
Broker Issues
Regulation
08-11
United States
WikiFX
Reply
Yes, Centrade is regulated by Japan's Financial Services Agency (FSA), which provides a level of security for traders. The firm holds a Retail Forex License, which means it meets the legal requirements set by the FSA for handling clients' funds. However, there is limited transparency regarding trading conditions and platforms, which might be a concern for traders who prefer more clarity before starting their trading journey. It’s advisable to reach out directly to Centrade for further details before making any commitments.
Similar Questions
Can I trust EA Capital as a reliable and secure broker for trading?
Phoebe Yao
09-01
Can I trust TradeX Prime for safe trading?
Vongnarin
08-15
What are the disadvantages of trading with CJS?
zack18
08-13
Is GoldTrade safe and legit?
Shoofar
06-27
Have you encountered any drawbacks with Hirose Financial's customer service or issues related to the stability of their trading platform?
Ashraf20
08-08